Medical Equipment
Medical Equipment refers to clinical devices, diagnostic tools, treatment machines, and specialised technology used by healthcare professionals. This includes imaging equipment, treatment chairs, sterilisation units, aesthetic devices, dental units, and specialist tools used in clinics, surgeries and hospitals. Medical equipment is commonly financed through Equipment Finance, the Whitecoat Finance Hub, and commercial Business Loans. Relevant blogs: Finance vs Leasing (Medical), Top 10 Medical Devices, Medical Fitout Finance.
Why Medical Equipment Matters
Medical equipment plays a critical role in diagnosis, treatment, patient care and business revenue within healthcare clinics.
- Directly affects patient outcomes and service capability
- High-cost assets benefit from structured finance
- Lenders assess brand, compliance and clinical purpose
- Impacts tax planning via depreciation and write-offs
- Often bundled with clinic fitouts and expansions
For clinics, equipment upgrades can immediately increase treatment capacity and revenue.
How Medical Equipment Works in Finance
- Clinic obtains supplier quotes and device specifications
- Lender assesses clinical purpose, cost and equipment type
- Finance structured as lease, chattel mortgage or unsecured loan
- Terms typically 24–60 months depending on asset
- Some devices qualify for instant asset write-off
Strong cashflow and clinical turnover improve approval strength.
Official reference: health.gov.au